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$375,000
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Property Description
Welcome to this beautifully maintained two unit building perfect for owner occupants looking to build wealth while keeping housing costs low. Each unit features 3 bedrooms and 1 bathroom with spacious layouts, and a partially finished basement offers additional space for storage, a home gym, or future expansion. Live in one unit and rent out the other to help cover your mortgage. The second floor is currently occupied by a long term month to month tenant paying below market rent, giving you room to increase future income. This property checks all the boxes for smart living: * Tenants pay their own utilities * Roof is approximately 10 years old * Furnaces replaced about 8 years ago * Beautiful newer rear porch and fully fenced backyard * Side driveway leads to a two car garage What truly sets this home apart is its unbeatable location directly across the street from Moore Park. Enjoy the open green space, playground, and community vibe right at your doorstep. Whether you are looking for a place to call home with built in rental income or an investment property in a growing neighborhood, this property offers flexibility, value, and long term upside. Schedule your private tour now! HIGHEST & BEST called for.
Full Property Details
Full Property Details for 5062 W Adams St
General
- Sold For: $375,000
- Taxes: $1,928 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12367617
- Added to Site: 209 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Bathroom Features: Soaking Tub
Bedrooms
- Total Bedrooms: 6
Additional Information
- Equipment: Carbon Monoxide Detectors, Ceiling Fan(s)
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 4
- Parking Features: Garage Door Opener, Garage, On Site, Garage Owned, Detached, Driveway, Garage Faces Side, Owned
- Parking On-Site: Yes
Location
- Area: CHI - Austin
- County: Cook
- Driving Directions: East or West on Madison St, then South on Leamington Ave to Adams St, west to property.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick, Frame
- Exterior Const.: Brick, Frame
- Basement Desc.: Partially Finished, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1955
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Additional Structures
- Other Structures: Garage(s)
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 5084
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1955
- Tax Amount: $1,928.03
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16162040570000
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Schools
Schools serving 5062 W Adams St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Spencer Technology Acad Elementary School 214 North Lavergne Avenue, Chicago, IL 60644 | PK-8 | 0.4 mi |
Manley Career Academy High School 2935 West Polk Street, Chicago, IL 60612 | 12-11 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5062 W Adams St
Date
Details
Price
Change
Source
8/15/2025
Sold
$375,000
—
MLS
6/27/2025
Price Increased
$375,000
15.38%
MLS
6/21/2025
Listed
$325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5062 W Adams Street, Chicago, IL 60644 (MLS# 12367617) is a Multi-Family property that was sold at $375,000 on August 15, 2025. This property was listed by Tina Hollins from our Oak Lawn Office.Want to learn more about 5062 W Adams Street? Do you have questions about finding other Multi-Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.


